Discover Financial Services (DFS)
| Market Cap | 40.29B |
| Revenue (ttm) | 13.00B |
| Net Income (ttm) | 4.45B |
| Shares Out | 251.60M |
| EPS (ttm) | 17.71 |
| PE Ratio | 9.04 |
| Forward PE | 11.77 |
| Dividend | $2.80 (1.75%) |
| Ex-Dividend Date | Feb 20, 2025 |
| Volume | 752,044 |
| Open | 160.18 |
| Previous Close | 159.07 |
| Day's Range | 159.88 - 163.10 |
| 52-Week Range | 119.31 - 205.76 |
| Beta | 1.19 |
| Analysts | Buy |
| Price Target | 181.83 (+13.54%) |
| Earnings Date | Apr 23, 2025 |
About DFS
Discover Financial Services, through its subsidiaries, provides digital banking products and services, and payment services in the United States. It operates in two segments, Digital Banking and Payment Services. The Digital Banking segment offers Discover-branded credit cards to individuals; personal loans, home loans, and deposit products; and direct-to-consumer deposit products comprising savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts and checking accounts, and sweep accoun... [Read more]
Financial Performance
In 2024, DFS's revenue was $13.00 billion, an increase of 32.97% compared to the previous year's $9.78 billion. Earnings were $4.45 billion, an increase of 63.76%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for DFS stock is "Buy." The 12-month stock price forecast is $181.83, which is an increase of 13.54% from the latest price.
News
Capital One-Discover Merger Cleared By DOJ: What To Know About The $35 Billion Mega Deal
A $35 billion merger between Capital One and Discover that would make Capital One the nation's largest credit card issuer cleared a major regulatory hurdle this week, according to multiple outlets, as...
Report: Justice Department Will Not Block Capital One Acquisition of Discover
The Justice Department reportedly told financial regulators that it didn't have sufficient evidence to block the proposed merger between Capital One and Discover. This decision would allow the two ban...
Justice Department Won't Challenge Capital One-Discover Merger, Report Says
Capital One Financial's (COF) plans to buy Discover Financial Services (DFS) doesn't raise enough concerns about competition to prompt the Justice Department to block the deal, The New York Times repo...
Capital One's $35 billion deal for Discover clears US DOJ hurdle, NYT reports
Capital One Financial Corp got a greenlight from the Justice Department for its proposed acquisition of Discover Financial Services after the DOJ told other regulators looking into the merger that it ...
Stock Of The Day: Is The Move Higher In Discover Over?
The stock of Discover Financial Services DFS is trading lower on Tuesday. This comes after yesterday's gain of more than 7.5%.
DOJ Reportedly Closer to Approving Capital One/Discover Merger
The Justice Department (DOJ) is reportedly closer to permitting Capital One's purchase of Discover. That's according to a report Monday (March 31) by the Capital Forum, citing sources familiar with th...
Discover Financial Services Announces First Quarter 2025 Earnings Release on April 23, 2025, and Conference Call on April 24, 2025
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) plans to report its First quarter 2025 results after the market closes on Wednesday, April 23, 2025. The earnings release wil...
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Report: Justice Department Finds Capital One Acquisition of Discover Would Harm Competition
The Department of Justice has reportedly found that Capital One's planned acquisition of Discover would be anticompetitive. “DOJ staff has determined that Capital One's proposed $35.
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Stockholders Approve Capital One's Proposed Acquisition of Discover
The stockholders of both Capital One and Discover voted to approve Capital One's previously announced acquisition of Discover. The transaction was approved by more than 99.8% of the Capital One shares...
Capital One and Discover Stockholders Approve Capital One's Proposed Acquisition of Discover
MCLEAN, Va.--(BUSINESS WIRE)--Capital One Financial Corporation (NYSE: COF) and Discover Financial Services (NYSE: DFS) today announced that each company's respective stockholders have voted to approv...
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This monthly article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitati...
Q4 Beat Shows That Discover Financial Is Still A Winner
Discover Financial Services is experiencing significant growth, nearly doubling in price over the past year, driven by a merger with Capital One Financial. Despite the merger plans, Discover has shown...
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Discover's Card Charge-Offs Improve and Delinquencies Show Stability
Discover Financial Services posted earnings results on Thursday morning (Jan. 23) that indicated improving credit quality metrics tied to its credit cards, as well as an outlook that includes loan gro...
Discover Financial Services (DFS) Q4 2024 Earnings Call Transcript
Discover Financial Services (NYSE:DFS) Q4 2024 Earnings Conference Call January 23, 2025 8:00 AM ET Company Participants Erin Stieber - IR Michael Shepherd - Interim CEO and President John Greene - C...
Discover Financial fourth-quarter profit jumps on lower loan loss provisions
U.S. credit card issuer Discover Financial posted a more than threefold increase in fourth-quarter profit on Wednesday, helped by a drop in provisions for credit losses and a rise in interest income.
Discover Financial Services Reports Fourth Quarter 2024 Net Income of $1.3 Billion or $5.11 Per Diluted Share and Full Year Net Income of $4.5 Billion or $17.72 Per Diluted Share
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) Fourth Quarter 2024 Results 2024 2023 YOY Change Total loans, end of period (in billions) $121.1 $128.4 (6%) Total revenue ...
Our Top 10 High-Growth Dividend Stocks -- January 2025
This monthly article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitati...
Discover Financial: Strong Fundamentals And Strategic Outlook
Discover Financial Services shows strong financial performance with a 41% increase in net income and a 42% rise in EPS, driven by higher interest margins. The planned merger with Capital One will crea...
DISCOVER FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Discover Financial Services - DFS
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Discover Financi...
Discover Financial Services Announces Fourth Quarter 2024 Earnings Release on January 22, 2025, and Conference Call on January 23, 2025
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) plans to report its Fourth quarter 2024 results after the market closes on Wednesday, January 22, 2025. The earnings release ...
Capital One - Discover Merger A Done Deal?
Capital One (NYSE: COF) announced last week that it had received approval from the Office of the Delaware State Bank Commissioner on Wednesday to acquire Discover Financial. This is seen as one of the...